Can the Taskforce on Nature-related Financial Disclosures solve the global ecological crisis? The Taskforce on Nature-related Financial Disclosures (TNFD) officially launched on Friday (4 June) with an overarching aim to align corporate reporting and financial spending to alleviate nature-related risks. Here, edie explores whether the new initiative can generate enough momentum to deliver tangible change. The TNFD has officially launched today There has been a recorded 83% extinction of wild mammals and a 50% decline in the species of plants, according to the World Economic Forum (WEF). Those stats alone are stark, but not necessarily useful in helping corporate decision-makers understand the consequences of the impending ecological breakdown.